The next Three Seas Summit will be in Bulgaria

Sofia, 2021

Bulgaria will host the Three Seas Initiative, taking on from Estonia the coordination process. The initiative is designed to promote cooperation between 12 European nations and their partners contributing to economic growth and energy security, as well as to boost cohesion and unity in Europe.

THREE SEAS INITIATIVE IN 2021: BULGARIA’S VISION
Bulgaria will continue further on the ambitious path of releasing the capacity of the Initiative as a genuine tool for regional cooperation and accelerated development of our region through improving the energy, transport and digital connectivity.
Rumen Radev President of the Republic of Bulgaria
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The Three Seas is an initiative of unity

Every year it brings together 12 countries located between the Baltic, Black, and Adriatic seas – Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Austria, Croatia, Romania and Bulgaria.

Objectives

The Three Seas initiative aims to promote cooperation, first and foremost, for the development of infrastructure in the energy, transport, and digital sectors. It targets new investments, economic growth, and energy security.

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Three Seas Story

The cornerstone of Three Seas was laid down in 2015. Today, the initiative comprises of an annual summit held at the presidential level, a business forum, and an international investment fund for the financing of infrastructure projects.

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Investment Fund

The Three Seas Initiative Investment Fund is a dedicated commercial fund targeting critical infrastructure investment in the region. The fund is advised by Amber Infrastructure Group, an independent specialist international investment manager.
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News

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President Rumen Radev Discussed Approaches for Promoting Investment Interest in the Three Seas Initiative with the Managing Director of the IMF Kristalina Georgieva
President Rumen Radev discussed approaches for promoting the
investment interest in the transport, energy and digital connectivity
projects within the Three Seas Initiative during a videoconference call
with the Managing Director of the IMF Kristalina Georgieva. The Three
Seas Initiative requires the development of the investment fund and the
creation of business conditions, as well as the expert support of
international financial institutions to realise its potential, the President
underlined.
Bulgaria and Romania to work together within the Three Seas Initiative to attract foreign investors to the region

On April 14, 2021, the Bulgarian Deputy Prime Minister and Minister of Foreign Affairs Ekaterina Zaharieva met with the newly appointed Ambassador of Romania to Bulgaria Mrs. Brandusa Predescu and discussed with her the cooperation between the two countries within the framework of the Three Seas Initiative. The two interlocutors agreed that Bulgaria and Romania should work actively together to attract foreign investors to the region.